The 18940 ZIP Code is primarily associated with Newtown, PA (Bucks County) in the U.S. The current population estimate is 28,915. It is estimated that 24.5% of residents in the 18940 ZIP Code are aged 62 years and older, while the region overall has a median age of 47.9 years. It is estimated that about 66.0% of residents in this Pennsylvania region hold a bachelor's degree or higher, while the per capita income is approximately $69,446. Approximately 2% of the population lives below the poverty line, while the median househould income sits at $128,308.
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In ZIP Code 18940, 97.8% of the population graduated high school, while 66.0% have a bachelor's degree or higher. In this region, 1.1% achieved an education level less than 9th grade, while 31.0% hold a graduate or professional degree. Approximately 14.0% in this Bucks County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.1% |
| 9th to 12th grade, no diploma | 1.0% |
| High school graduate (includes equivalency) | 14.0% |
| Some college, no degree | 10.9% |
| Associate's degree | 6.9% |
| Bachelor's degree | 34.9% |
| Graduate or professional degree | 31.0% |
Residents of ZIP Code 18940 are older than average. The median age of 47.9 years in ZIP Code 18940 is approximately 25.72% higher than the overall median age in the U.S. of 38.1 years. About 79.5% of residents are aged 18 years and older, and 24.5% of residents are 62 years and over. Approximately 17.2% of the population in 18940 falls in the age group 45 to 54 years, while an estimated 11.4% are aged 65 to 74 years. On the low end of the scale, 3.0% of 18940 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 4.6% |
| 5 to 9 years | 5.1% |
| 10 to 14 years | 6.3% |
| 15 to 19 years | 6.1% |
| 20 to 24 years | 4.5% |
| 25 to 34 years | 8.1% |
| 35 to 44 years | 11.2% |
| 45 to 54 years | 17.2% |
| 55 to 59 years | 9.1% |
| 60 to 64 years | 8.4% |
| 65 to 74 years | 11.4% |
| 75 to 84 years | 4.9% |
| 85 years and over | 3.0% |
The median household income in ZIP Code 18940 is $128,308, while the region's mean household income is $174,117. Breaking income down further, per capita income in the region is $69,446. The per capita income in ZIP Code 18940 of $69,446 is approximately 102.16% more than the per capita income in Pennsylvania overall of $34,352. An estimated 2.3% of the population is living below the poverty line in this region. This rate is approximately 75.79% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 29.4% of the population in 18940 earn $200,000 or more per year, while an estimated 18.4% earn $100,000 to $149,999 per year, and 1.2% of 18940 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 2.1% |
| $10,000 to $14,999 per year | 1.2% |
| $15,000 to $24,999 per year | 4.1% |
| $25,000 to $34,999 per year | 4.8% |
| $35,000 to $49,999 per year | 5.1% |
| $50,000 to $74,999 per year | 12.4% |
| $75,000 to $99,999 per year | 9.1% |
| $100,000 to $149,999 per year | 18.4% |
| $150,000 to $199,999 per year | 13.4% |
| $200,000 or more per year | 29.4% |
Looking at race in the population that makes up ZIP Code 18940, 98.1% is one race, while 1.9% are two or more races. Approximately 2.5% of 18940 residents are hispanic or Latino (of any race). The most common race in 18940 (race alone or in combination with one or more other races), is White (89.4%), followed by Asian (7.7%) .
| Industry | Percent |
|---|---|
| White | 89.4% |
| Black or African American | 3.5% |
| American Indian and Alaska Native | 1.0% |
| Asian | 7.7% |
| Native Hawaiian and Other Pacific Islander | 0.1% |
| Some other race | 0.3% |
In ZIP Code 18940, 89.1% of the population lists "English only" as the language spoken in home, while 0.9% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 6.0% of homes, and other Indo-European languages are spoken in 3.3% of homes. Lastly, 0.7% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Bucks County region.
| Language Spoken | Percent |
|---|---|
| English only | 89.1% |
| Spanish | 0.9% |
| Other Indo-European languages | 6.0% |
| Asian and Pacific Islander languages | 3.3% |
| Other languages | 0.7% |
The median home value in ZIP Code 18940 in January 2025 comes in at $698,548. The January 2025 value is approximately 2% higher than the $685,386 median value in August 2024, and 5% higher than the $668,003 median value in February 2024. Regarding the age of homes in ZIP Code 18940, an estimated 32.1% of homes were built between 1980 and 1989. Additionally, 19.9% of homes in the region were built between 1990 and 1999, while an estimated 1.4% of homes were built between 1940 and 1949 in this Bucks County region.
| Month | Home value |
|---|---|
| Jan 2025 | $698,548 |
| Dec 2024 | $696,900 |
| Nov 2024 | $694,661 |
| Oct 2024 | $690,764 |
| Sep 2024 | $687,644 |
| Aug 2024 | $685,386 |
| Jul 2024 | $685,412 |
| Jun 2024 | $685,858 |
| May 2024 | $683,811 |
| Apr 2024 | $678,319 |
| Mar 2024 | $672,385 |
| Feb 2024 | $668,003 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.7% |
| Built between 2010 and 2013 | 2.6% |
| Built between 2000 and 2009 | 11.3% |
| Built between 1990 and 1999 | 19.9% |
| Built between 1980 and 1989 | 32.1% |
| Built between 1970 and 1979 | 12.9% |
| Built between 1960 and 1969 | 4.3% |
| Built between 1950 and 1959 | 3.8% |
| Built between 1940 and 1949 | 1.4% |
| Built in 1939 or earlier | 10.0% |
Regarding solar power potential, ZIP Code 18940 has an average daily solar radiation level of 4.93 kWh/m2/day. This is approximately 19.66% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 25.19% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 18940 | 12.9¢/kWh | 6.04¢/kWh | 1.52¢/kWh |
| Pennsylvania | 20.46¢/kWh | 12.75¢/kWh | 9.12¢/kWh |
| United States | 18.07¢/kWh | 14.06¢/kWh | 9.02¢/kWh |
| Month | ZIP Code 18940 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.98 | 1.9 | 5.84 |
| Feb | 4.79 | 3 | 6.31 |
| Mar | 5.13 | 3.65 | 7.02 |
| Apr | 5.56 | 5.13 | 7.3 |
| May | 5.25 | 5.17 | 7.13 |
| Jun | 5.67 | 5.72 | 6.95 |
| Jul | 5.96 | 6.22 | 6.51 |
| Aug | 5.66 | 6.08 | 6.65 |
| Sep | 5.42 | 5.15 | 7.02 |
| Oct | 4.42 | 3.32 | 6.92 |
| Nov | 3.93 | 2.33 | 5.99 |
| Dec | 3.43 | 1.78 | 5.46 |
In 18940, 67.0% of the population is in the labor force. Recent estimates place 9.6% as working from home, while the total labor force in the region has a mean travel to time to work of 33.8 minutes. Approximately 24.7% of the employed population 16 years and over in 18940 work in educational services, and health care and social assistance, while an estimated 17.0% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.3% of 18940 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.3% |
| Construction | 4.5% |
| Manufacturing | 11.8% |
| Wholesale trade | 4.2% |
| Retail trade | 9.9% |
| Transportation and warehousing, and utilities | 1.7% |
| Information | 2.2% |
| Finance and insurance, and real estate and rental and leasing | 11.3% |
| Professional, scientific, management, and administrative | 17.0% |
| Educational services, and health care and social assistance | 24.7% |
| Arts, entertainment, and recreation, and accommodation and food services | 5.8% |
| Other services, except public administration | 3.4% |
| Public administration | 3.2% |